3701 Bella Costa Dr Mercedes, TX 78570
This exceptional 6-unit apartment complex, situated on a spacious 15,901.14 square foot lot in the desirable Mercedes, Texas area, presents a compelling investment opportunity. Built in 2022, the property consists of three buildings, each featuring modern, open-concept floor plans. All six units boast wood-like tile flooring throughout, kitchens equipped with high ceilings, modern granite countertops, and islands offering ample cabinet space. Spacious bedrooms with large closets add to the appeal. A significant advantage is the inclusion of a private, generously sized, fenced backyard for each unit. Further enhancing the property's value are stainless steel appliances and in-unit washer/dryer hookups in each unit. Twelve carport spaces provide convenient parking for residents. The property is currently fully leased, with tenants responsible for their own utilities, ensuring a consistent income stream. The complex is located within a gated community, offering residents added security and peace of mind. Its prime location provides easy access to the expressway, restaurants, shopping centers, and schools, making it highly attractive to renters. While interior photos shown are from a similar property, they accurately reflect the high-quality finishes and modern design of this exceptional investment. This is a turnkey opportunity for investors seeking a profitable and well-maintained multifamily property in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.